Parent Category: Litecoin

Litecoin

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units.